Keep up to date with the latest news delivered direct to your Inbox.
Cornwall Second Homes Up
7:01am 3rd February 2012
There are now more second homes in Cornwall than anywhere else in the UK.
New research shows the Duchy has fourteen thousand and that number is up, despite the recession.
The average cost is a quarter of a million pounds.
The report by Prime Location says the borough with the next highest number of second homes is Westminster, with just over seven thousand.
Its experts are calling on the government to bring in a new system which has a clear distinction between second homes and homes for local people.
Spokesman Nigel Lewis says, "The answer really is to look abroad so if you look at the Spanish and the French, they make no bones about helping the Spanish, for example, afford property in very highly touristic places, say like Malaga. We seem to shy away from that in the UK and I've never been sure why.
"It's all about people choosing to use their money how they see fit in a free-market economy. But, equally, look to a system which recognises that you can't push everyone out because of house prices. There has to be some allocation".
Hear what people in Fowey think here...
Share This StoryTweet
Almost 500 New Affordable Homes For Cornwall
Almost £20 million has been awarded to provide the housing
WATCH: How The Snow Warning Could Hit Cornwall's Drive Home
Tips for drivers if it turns to ice...
WATCH: Emotional Tribute After Death Of Argyle Fan's Son
Cornwall News: Liverpool supporters held up "you'll never walk alone" banner
Murder charge after woman's body found in suitcase in Leicester
National News: A man has been charged with murder after the body of a woman was discovered in a suitcase.
Business Cornwall News - Friday, 18th December 2015
Business Cornwall News: Cornwall is spearheading reform of the Uk’s business licensing laws following a a year-long project.
Sir Paul McCartney steps up bid to reclaim Beatles song rights
Showbiz News: Sir Paul McCartney is taking legal action against Sony/ATV as he fights to reclaim ownership of the Beatles hits he wrote with John Lennon.
Avalanche hits hotel after Italy earthquake killing 'many'
World News: Up to 30 people are feared to have died after an avalanche triggered by an earthquake hit a hotel in Italy.
Manchester United return to top of football rich list
Sports News: They may be struggling to rediscover past glories on the pitch - but Manchester United are back on top of football's money league for the first time in 12 years.
'Where's Wally' fugitive hands himself in to police live on Facebook
Strange News: A man who changed his Facebook profile picture to Where's Wally as he was being pursued by police has handed himself in, live on social media.